Forestar Group
147 hedge funds and large institutions have $520M invested in Forestar Group in 2014 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 49 increasing their positions, 48 reducing their positions, and 17 closing their positions.
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
2% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 48
1% less funds holding
Funds holding: 148 → 147 (-1)
2.3% less ownership
Funds ownership: 99.03% → 96.72% (-2.3%)
15% less capital invested
Capital invested by funds: $611M → $520M (-$91M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
96% less call options, than puts
Call options by funds: $179K | Put options by funds: $4.85M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$12.3M |
| 2 |
CSC
Cove Street Capital
El Segundo,
California
|
+$7.88M |
| 3 |
SH
Scepter Holdings
Fort Worth,
Texas
|
+$7.17M |
| 4 |
JP Morgan Chase
New York
|
+$6.47M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$5.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
-$15.4M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$12.4M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
-$7.58M |
| 4 |
PP
Prospector Partners
Guilford,
Connecticut
|
-$7.37M |
| 5 |
SCM
Silver Capital Management
New York
|
-$5.9M |
FOR Hedge Fund Activity: Q4 2014 in Review
147 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Forestar Group (FOR) for Q4 2014, worth a combined $520M — down 15% from $611M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FOR positions and 17 closed out — a net gain of 1 holder — while 49 added to existing stakes and 48 trimmed.
The largest buyer was HG Vora Capital Management, opening a new position worth an estimated $12.3M. The largest seller was Advisory Research, cutting an estimated $15.4M.
- 147 institutional investors held Forestar Group (FOR) as of Q4 2014, down from 148 in Q3 2014.
- Funds reported $520M of Forestar Group stock for Q4 2014, down 15% quarter-over-quarter.
- 18 funds opened new Forestar Group positions in Q4 2014 and 17 closed out, a net change of +1 holder.
- The largest Forestar Group buyer in Q4 2014 was HG Vora Capital Management, an estimated $12.3M added.
- The largest Forestar Group seller in Q4 2014 was Advisory Research, an estimated $15.4M sold.
Based on aggregated 13F filings for Q4 2014.